Award

Award Contract for The Provision of Economic Modelling Licences

DFTC - DEPARTMENT FOR TRANSPORT

This public procurement record has 1 release in its history.

Award

20 Nov 2024 at 12:36

Award Notice
Summary of the contracting process

The Department for Transport (DfT) has awarded a contract for the provision of economic modelling licences to GAMS Software GmbH. The project involves developing a Computable General Equilibrium (CGE) model for analysing the economic impacts of major rail schemes such as HS2. This project, in collaboration with the Department for Business and Trade, aims to enhance DfT's modelling capacity. Located in London, the procurement was completed through a direct procurement method, specifically a single tender action. The contract, valued at £16,200, started on 30th September 2024 and will end on 29th September 2025. The industry category for this procurement falls under IT services, consulting, software development, Internet, and support.

This tender presents significant opportunities for businesses involved in economic modelling and IT consulting. Companies specialising in software development, particularly those providing solutions for economic and trade impact analysis, are well-positioned to benefit from such procurement contracts. Small and medium-sized enterprises (SMEs) can particularly leverage this opportunity to showcase their expertise and secure future collaborations with government departments. The procurement of these licences is essential for the continued development and refinement of the CGE model, thereby offering substantial growth prospects for businesses engaged in modelling and data analysis services.

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Notice Information

Notice Title

Award Contract for The Provision of Economic Modelling Licences

Notice Description

The development of a Computable General Equilibrium (CGE) model to model the wider economic impacts of a major rail scheme such as HS2 started last year, it was a collaboration between the Department for Transport and Department for Business and Trade (DBT). One of the Major Rail Projects Group analysts was seconded to DBT for one year and worked closely with the Macro Analysis and Modelling (MAM) team to build the CGE model for transport. MAM use GAMS software for modelling the economic impact of free trade agreements on UK trade and growth. Therefore, the software used by DfT and DBT to build the CGE model was GAMS. The first stage of model building has concluded but in order to continue the work to develop the model further we need to procure 5 licenses, which comprise 3 packages, which in turn will help to build DfT's modelling capacity. The model is now in the ownership of DfT but without GAMS licenses we cannot progress further with the modelling work. Hence, procuring licenses from GAMS is the only way forward to continue. Additionally, this is intended to be a long term project, as the CGE model is currently in the process of being peer reviewed. Once the review has concluded, we aim to refine and develop the model based on the reviewer's comments. We will be working closely with HS2 Ltd for this stage of the project, who are also currently in the process of procuring their own GAMS licenses in order to collaborate with us.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-794df004-f92c-45b4-b71a-027809ecc44e
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/278c9b77-8f1e-47fb-ac4a-c696a22a5fcb
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Goods
Procurement Method
Direct
Procurement Method Details
Single tender action (below threshold)
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

72 - IT services: consulting, software development, Internet and support

CPV Codes

72000000 - IT services: consulting, software development, Internet and support

Notice Value(s)

Tender Value
£16,200 Under £100K
Lots Value
Not specified
Awards Value
£16,200 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
20 Nov 20241 years ago
Submission Deadline
26 Sep 2024Expired
Future Notice Date
Not specified
Award Date
25 Sep 20241 years ago
Contract Period
29 Sep 2024 - 29 Sep 2025 6-12 months
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
DFTC - DEPARTMENT FOR TRANSPORT
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LONDON
Postcode
SW1P 4DR
Post Town
South West London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI35 Westminster and City of London
Delivery Location
TLI London
Local Authority
Westminster
Electoral Ward
Vincent Square
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

GAMS SOFTWARE

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts. 

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